The court found that Equity Bank Limited's involvement with the subject motor vehicle was solely as a financier and co-owner for security purposes under a loan agreement with Munene Don. The bank had no control over the daily use or management of the vehicle, nor was the driver at the time of the accident its agent or servant. The doctrine of vicarious liability requires more than mere registration or co-ownership; it necessitates an agency relationship or delegation of tasks, which was absent in this case. The plaintiff failed to establish a reasonable cause of action against Equity Bank Limited, as ownership by way of registration alone does not create vicarious liability for the torts of the borrower. Consequently, the application to strike out the suit against Equity Bank Limited was merited and allowed.